Consumer credit data tops calendar
Bryan McCormick | email@example.com
There is just one report set on today's economic calendar, and that is consumer credit. Unless there is a big positive or negative shift in the number, it isn't likely to produce much market reaction.
The report, out at 3 p.m. ET, has consensus forecast at $7.6 billion of new debt. The range of estimates is from $3.5 billion to $11.6 billion. Traders may be more bullish if they see consumers willing to leverage up by adding more debt.
Caution reigns in consumer space
November 13, 2015
The SPDR Consumer Discretionary Fund is the worst-performing of the major ETFs that track broad market sectors, hurt by weak retail numbers.